1445 Calumet Avenue
Los Angeles, CA 90026
- – beds
- – baths
- – sqft
- 6,744 sqft lot
- 1922 build
- – on site
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
Listed By CRMLS_CA / Emily Johnson / Sotheby's International Realty
Last checked:
Checking…
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Last updated Sep 17, 2024
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MLS# 24433023 —
The Building
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Year Built:1922
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New Construction:No
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Architectural Style:Bungalow
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Common Walls:No Common Walls
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Building Area Total:3144.00
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# of Buildings:7
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Total Number Of Units:7
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Stories Total:1
Interior
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Features:Ceiling Fan(s), Cathedral Ceiling(s)
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Levels:One
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Flooring:Wood
Location
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Directions:East of Echo Park, west of Douglas, between Bellevue and Sunset.
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Latitude:34.06978100
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Longitude:-118.25685800
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:6744.0000
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Lot Size Acres:0.1548
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Lot Size SqFt:6744.00
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Lot Size Source:Assessor
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5405013019
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:No
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Cooling:None
Appliances
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Appliances:Dishwasher, Refrigerator
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Included:Yes
The Community
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Subdivision:Angelino Heights
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Subdivision:Angelino Heights
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Senior Community:No
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Pool:Fenced
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Association:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/9/24
Sep 9, 2024
|
Listed / Active | CRMLS_CA | $2,100,000 | 18.3% (1.8% / YR) |
7/26/24
Jul 26, 2024
|
Price Changed | CRMLS_CA | ||
1/16/24
Jan 16, 2024
|
Relisted | CRMLS_CA |